$1.19M
$225,483
Confidence
High
High
$1,055,000
Medium
$977,500
Low
$899,000
Confidence
Moderate
"Attention horse lovers This stunning 2hectare property offers everything you need for a perfect rural lifestyle, featuring Full Olympic Arena and Round Yard Perfect for training between shows 3 Bedrooms 2 Bathrooms Spacious and comfortable living spaces. Ducted Airconditioning for year round comfort Multiple Large Living Areas Ideal for family gatherings and entertaining. Great Shed An expansive 11.8m x 6.4m, perfect for all your gear. Stables Fully equipped for your equine companions. Dam A serene addition to your property. Decks and Verandahs Perfect for entertaining and enjoying the picturesque surroundings. Just minutes from the growing village of Wolumla, youll have access to a primary school, general store, and local pub. Ideally located between the stunning beaches of Merimbula and the bustling business center of Bega. Seize this rare opportunity to create your dream equestrian lifestyle Contact us today for more details or to schedule a viewing."
-
87.1%
-
-
-$300,000
-$39,548
2.0%
1.5%
-18.0%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$1,190,000
Estimated Purchase Price
$1,280,000
Stamp Duty
$53,455
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$128,000
Reg. Mortgage
$164
LMI Premium
$36,170
Renovation Costs
-
Total Cash/Equity Required
$219,985
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$26,000
$37,006
Property Management
+7.7% PA
$2,002
$2,849
Rates
+3.0% PA
$1,086
$1,417
Water
+3.0% PA
$1,127
$1,470
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$19,535
$28,333
Interest Repayments
$76,032
$76,032
Net Cashflow Before Tax
-$56,497
-$47,699
Depreciation
-
-
Tax Offset
-$16,949
-$14,310
Net Cashflow After Tax
-$39,548
-$33,389
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,046,640
$1,892,076
Loan Balance
I.O
$1,152,000
$1,152,000
-$105,360
$740,076
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Retail Trade - 13.0%
Accommodation and Food Services - 11.0%
Manufacturing - 9.0%
Others - 52.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price